On any time frame we always may see minor and major trends. Trading is about following the major trend when opening/closing position by indications of minor trend.
How to square tops and bottoms? Very simple!
W.D. Gann: "If we wish to avert failure in speculation we must deal with causes. Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. Faraday said: `There is nothing in the Universe but mathematical points of...
What is called Gann Fan is actually set of angles that are part of the square. In the video I've marked price swings using time balance concept and number 144 After marking swings I've put Gann Fan and set it to hit top and bottoms of the swings. Next step I duplicated Gann Fan with the same settings to show that all price swings follow some angle and angle...
W.D. Gann has discovered that everything can be measured by 144, as stated in Bible. Here is an example how of to use 144 on monthly charts for measuring time. Remainder: Original impulse of any kind finally resolves itself ...
The geometrical structure of the market may be seen only if chart is properly squared.
"Science teaches that ‘an original impulse of any kind finally resolves itself into a periodic or rhythmical motion" - W.D. Gann
"Science teaches that ‘an original impulse of any kind finally resolves itself into a periodic or rhythmical motion" - W.D. Gann How it looks like
Here is classic 5+3 wave structure. Does anybody still think Elliott approach is wrong? :)
"Science teaches that an original impulse of any kind finally resolves itself into a periodic or rhythmical motion" W.D. Gann www.tradingfives.com
As W.D. Gann has found out, the TIME is most important factor
Gann method is about exact math!
Worked as expected
Each impulse is balanced 1x1 angle is main support/resistance 1x4 angle is resistance when breaking the range
Students of Gann may quickly see how many sections were in the down move and know what it says about future.
Worked as expected
Bitcoin definitely likes 54!